LAWFUL MONEY


Meaning of LAWFUL MONEY in English

noun

Etymology: Middle English laweful moneye, from laweful + moneye money

1.

a. : any money whether coin or currency that may by the laws of a country be circulated as a medium of exchange — compare legal tender

b. : any money recognized in a community as a medium of exchange

2. : money (as bank reserves) designated as acceptable for a particular purpose

Webster's New International English Dictionary.      Новый международный словарь английского языка Webster.